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Urban Outfitters Inc. Rides Explosive Nuuly Momentum—Why This Fast-Growing Subscription Business Is Turning Heads!

Urban Outfitters, Inc. reported record results for the fourth quarter and full fiscal year, reflecting broad-based revenue growth across its brand portfolio and improved profitability despite external cost pressures. Total revenue in the quarter increased approximately 10 percent to a record $1.8 billion, supported by positive comparable sales across all retail brands and continued expansion of the company’s subscription and wholesale businesses. Adjusted earnings per share increased significantly during the period, and operating income rose sharply as the company benefited from stronger sales leverage and disciplined inventory management. Gross profit also improved meaningfully, with the gross margin rate rising to approximately 33.3 percent as lower markdown levels at key brands and occupancy leverage offset lower initial product margins caused by tariffs. The improvement in margins and revenue translated into operating income growth of 27 percent and net income growth of 33 percent for the quarter.